It's interesting, having been previously invested in POS which around this time ish last year, heading into a FID around Black Swan had a lot of PR, Padley on the couch stuff and the talk was very positive from company reps. Had a sounding like it was heading for a tick. A big one at that.
Well, it didn't and Ni has since had its arse handed to it (turns out pig Ni not so dirty after all) and POS sold a mill to Min Res recently for a bargain for their Goldfields Li hub. To survive.
My point, is that if we think nowhere else to go, see what an unfavourable FID decision does to SP when expectation is a yes. A no to FID may mean not now. I am not expecting this but I have been burnt.....plenty of times by exuberant CO/MD etc.
Waiting for review but nothing is a certainty despite what anyone says in a corporate uniform or HC one.
Learning more each day but sticking to my day job.
My question remains, to the process oriented in here with mining brains who maybe before my time - what was estimate production cost at NAL initially in $A?.
Thanks in advance to anyone who knows - takes time.
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